An upcoming Singapore sale of outdoor sculpture by Sotheby’s may indicate that the leading auction house is looking to expand its Asia operations into regional hubs outside of Hong Kong.
Sotheby’s has announced that it will host its first monumental sculpture sale in Asia from 23 October 2012 to 31 January 2013 at the Singapore Botanic Gardens. The exhibition will feature work by Yemeni-born, London-based sculptor Zadok Ben-David.
As stated in the press release,
Patti Wong, Chairman of Sotheby’s Asia, announced today the company will host its first selling exhibition of outdoor sculpture in Asia with the support of the Singapore Tourism Board and the National Parks Board from 23 October 2012 to 31 January 2013. Sotheby’s, with many years’ experience staging monumental sculpture exhibitions in the US and the UK, will take a proven formula further afield when it presents sixteen works by award-winning international sculptor Zadok Ben-David against the magnificent backdrop of Singapore Botanic Gardens. The exhibition is partly sponsored by Bank Sarasin, and will be free and open to the public.
Patti Wong commented: ‘During this period of dramatic growth in the art market, collectors in Singapore have been transacting with ever-increasing enthusiasm, particularly in the field of outdoor sculpture. We are grateful to the Singapore Tourism Board and the National Parks Board for providing us with an exceptional opportunity to stage an exhibition which will create a unique art experience for discerning collectors across the entire region.’
Born in the Yemen, educated in Israel and in London, London-based Zadok Ben-David’s work reflects his twin fascinations with magic and Darwinian Evolution. Man’s relationship with animals and nature are recurring themes in his sculptures. Having represented Israel at the Venice Biennale in 1988, he has since exhibited widely in Asia, America, Europe and Australasia. In 2007, he was the subject of a solo exhibition at Guangdong Art Museum in China and in 2008 he was commissioned to create a landmark sculpture for the Beijing Olympics.
Though competition for market share in Hong Kong has been fierce, with Sotheby’s expanding its programming with a permanent exhibition space and mainland auction giant China Guardian set to host its first Hong Kong auction in October 2012, from Wong’s comments it seems Sotheby’s is looking to explore the potential of other regional art hubs.
- China Guardian to host first Hong Kong sales in October 2012 – July 2012 – with all of the major auction houses expanding, Asian market long-term outlook seems optimistic
- Chinese art market in free fall – June 2012 ArtTactic report – June 2012 – Is the dip in the mainland China market part of the reason Sotheby’s looks to diversify its Asia operations?
- Changing global retail landscape: Can Hong Kong art galleries adapt? Part II – June 2012 – Art Radar Founder Kate Cary Evans comments on the influence of auction houses on the Hong Kong gallery scene
- Sotheby’s Hong Kong spring 2012 auctions: Modern Asian art still outselling contemporary – April 2012 – the rush to modern over contemporary may be indicative of risk-averse Asian collectors
- Sotheby’s announces launch of new Hong Kong gallery space – March 2012 – Sotheby’s expands beyond its biannual auction model in Hong Kong
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